logo
Share SHARE
FONT-SIZE Plus   Neg

Nu Skin Enterprises Expects Q4 Revenue To Rise By 19% YoY - Quick Facts

Nu Skin Enterprises, Inc. (NUS) Wednesday announced anticipated results for the fourth quarter. The company currently expects fourth-quarter per share earnings to be in a range between $0.94 and $0.96. Quarterly revenue is expected to touch about $588 million, representing a increase of 19 percent from the prior year. The company added that the impact of foreign currency exchange on revenue shall be negligible for the latest fourth quarter.

On average, 8 analysts polled by Thomson Reuters expect the company to earn $0.83 per share on revenues of 531.57 million for the quarter. Analysts' estimates typically exclude special items.

Truman Hunt, president and chief executive stated, "As a result of the efforts of our sales leaders and corporate personnel around the world, revenue growth will be 19 percent in the fourth quarter, surpassing prior revenue guidance by $58 million."

In addition, Nu Skin repurchased $200 million of its stock during the year, constituting nearly 7 percent of its total shares outstanding.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of WPP Group Plc. were losing around 11 percent in the early morning trading in London after the advertising giant reported Wednesday that it has revised down fiscal 2017 forecast, despite reporting significant growth in first-half profit and revenues. The company attributed the revision to the pressure on client spending. Teens and young adults now find Instagram and Snapchat more attractive than Facebook, a new study by eMarketer revealed. The report also suggested that for the first time, Snapchat might overtake Facebook in the U.S. by gaining a marketshare of 40.8 percent in social network. A new survey has shown that a majority of parents as well as teens agree that texting or use of cell phones are the biggest distraction to teen drivers. The survey also found that risky driving behavior seems to run in the family. The 2017 Family Safe Driving Report was released by EverQuote Inc., a venture-backed online insurance marketplace.
comments powered by Disqus
Follow RTT